Saturday, August 22, 2015

I got a FB message from Ted Strickland (running for governor of Ohio): “CEOs and executives get higher bonuses and stock options, while middle class wages haven't budged. It makes no sense, and it must stop now.”

Well, Ted, let’s look at the government sector, since that’s your area. The federal government pays its employees substantially more than they would earn in the private sector. The current federal pay system:

The excuse for this is government workers are better qualified by education and skills, so perhaps that applies in the private sector, too? And CEOs have no job security--if the stock takes a dip, or she can’t compete, it’s out the door. Sort of like Democrat governors. (Strickland lost his reelection to Kasich).